? Indian Crypto Tax: 1% TDS on every trade without relief on losses as well as 30% income tax on every profit, no matter how low the profit is.
Public Response: BINANCE is receiving a mixed response, with the majority planning to quit Binance.
Binance utilises USDC for SAFU
To increase stability in the slumping market, Binance converted the $1 billion SAFU wallet into USDC. Binance's decision of selecting USDC over BNB, USDT, FDUSD, or TUSD could open up an enormous opportunity for USDC.
Binance FZE got approval in Dubai
Dubai, in the UAE, is becoming a crypto hub, and all crypto companies are taking an interest in it. The largest offshore exchange, Binance's Dubai subsidiary, Binance FZE, has also successfully obtained a full regulatory licence (VASP) with authority to operate in Dubai.
